Is this HIStalk or Reddit? Hard to tell the difference with the comments being posted.
Morning Headlines 9/20/23
Oracle Transforms Care Delivery with Next-Generation Millennium EHR and Generative AI Capabilities
Oracle announces “the new Oracle Health EHR platform” at its annual conference, which it says will use the Oracle Cloud Infrastructure to offer a modern interface and intuitive processes.
Telemedicine services company Avel ECare acquires Fident Health, a virtual hospitalist business based in Texas.
Bright Health Group Continues to Make Significant Progress Towards ACA Insurance Business Wind-Down
Bright Health announces it has paid 80% of its final ACA insurance business risk adjustment obligations, leaving $380 million still owed to CMS as it continues to close out that business.
Bankrupt Digital Health Company Babylon Sells UK Assets for Just $620,000
Forbes reports that now insolvent digital health company Babylon’s sale of its UK assets fetched a paltry $620,000.
Amenities Health, a patient acquisition and digital front door software startup based in Dallas, raises $6.25 million in a Series A funding round.
Does use of the “cloud” infrastructure mean that Oracle’s newly transformative platform will be vaporware like many of Cerner’s previously touted advances?
I sat on this for a day not wanting to respond emotionally . But this announcement is so disappointing….blah…blah… I challenge the readers to name one “HIT” company , where the founder is no longer in the equation and said company is doing anything impressive? Isn’t this why Judy /Epic is still dominant? I really loved the industry for many of the 40 years I was in it,but I see so few of interest now.
There are some interesting startups ,especially in the computer vision space, but seemingly no growth or mature companies that are anything other than talk.
I’m hoping to hear lots of objections to my comments
The HIT industry is mature right now. I would go farther an argue that even when the founders are present, there isn’t a lot of innovation or disruption going on. Incrementalism is the order of the day here.
Even all the chatter about AI? I suspect that this will ultimately be just a “go with” feature, and not anything that profoundly alters the competitive landscape.